Bringing institutions into health economics

Liliana Chicaíza and Mario García

Econógrafos, Escuela de Economía from Universidad Nacional de Colombia, FCE, CID

Abstract: A reformulation of health economics is proposed that explicitly involves institutions. Decisions regarding health are taken under uncertainty, in the face of which institutions work and allow dealing with it. Taking institutions seriously allows moving forward from the economics of medical care (on which the mainstream has focused) to a real economics of health; it also allows explaining the growth of health expenditure as the result of the interaction of social institutions. In this approach, the unit of analysis is changed to the rule, rather than the individual agent. The subject of study is the institution.

Keywords: Institutions; Behaviour; Health; Rules; Habits (search for similar items in EconPapers)
JEL-codes: B41 B52 I10 I19 (search for similar items in EconPapers)
Pages: 15
Date: 2011
References: Add references at CitEc
Citations:

Published in Econografos

Downloads: (external link)
https://fce.unal.edu.co/centro-editorial/documento ... ocumentos-EACP-1.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:col:000176:022905

Access Statistics for this paper

More papers in Econógrafos, Escuela de Economía from Universidad Nacional de Colombia, FCE, CID Contact information at EDIRC.
Bibliographic data for series maintained by Facultad de Ciencias Económicas Unal ().